Greater Columbus Chamber Of Commerce
- Assets
- $2.6m
- Revenue
- $2.3m
- Investments
- $0.0
- Employees
- 20
- Location
- Columbus, GA
- Founding
- 05/1945
- Data as of
- 12/2023
- EIN
- 58-0201875
Organization Overview
Greater Columbus Chamber Of Commerce is located in Columbus, GA. The organization was established in 1945. According to its NTEE Classification (S01) the organization is classified as: Alliances & Advocacy, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2023, Greater Columbus Chamber Of Commerce employed 20 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Greater Columbus Chamber Of Commerce is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 12/2023, Greater Columbus Chamber Of Commerce generated $2.3m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (4.1%) each year. All expenses for the organization totaled $2.4m during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (3.2%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION OF THE GREATER COLUMBUS CHAMBER OF COMMERCE IS TO LEAD THE COLUMBUS REGION AS A CATALYST FOR GROWTH, ECONOMIC OPPORTUNITY, BUSINESS STRENGTH AND COMMUNITY ENGAGEMENT. THE CHAMBER IS THE FIRST IN GEORGIA TO RECEIVE 5-STAR ACCREDITATION FROM THE U.S. CHAMBER OF COMMERCE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MEMBER AND COMMUNITY SERVICES - FOSTERS KNOWLEDGE, STIMULATES INTEREST AND FACILITATES THE GENERAL WELFARE AND PROSPERITY OF THE COLUMBUS AREA FOR THE BENEFIT OF ITS CITIZENS AND ALL AREAS OF ITS BUSINESS COMMUNITY.LEADERSHIP COLUMBUS IS A PROGRAM DESIGNED TO IDENTIFY LEADERS AND VOLUNTEERS TO HELP GUIDE THE COMMUNITY IN THE YEARS TO COME. THE PROGRAM EXPOSES HIGHLY TALENTED AND MOTIVATED LEADERS TO ECONOMIC, GOVERNMENTAL AND SOCIO-CULTURAL COMMUNITY ISSUES WITH THE INTENT OF INVOLVEMENT, FUTURE DIRECTION, AND ULTIMATELY, SOLUTIONS.THE YOUNG PROFESSIONALS IS A MEMBERSHIP PROGRAM WHOSE VISION IS TO FOSTER AN ENVIRONMENT WHERE YOUNG PROFESSIONAL MEMBERS AGE 21-40 ARE ENERGIZED, ENGAGED, AND EMPOWERED TO CONTINUE THE LEGACY OF LEADERSHIP, PROGRESS AND GROWTH THAT HAS SHAPED THE GREATER COLUMBUS, GEORGIA REGION.
ECONOMIC DEVELOPMENT - WORKS DIRECTLY WITH WITH FT. MOORE AND LOCAL GOVERNMENTS IN THE REGION TO ENHANCE SUSTAINABILITY AND ECONOMIC DEVELOPMENT. THE COLUMBUS 2025 PLAN IS A COLLABORATIVE COMMUNITY PLAN TO CREATE A MORE COMPETITIVE AND PROSPEROUS REGION. THE GUIDING PRINCIPLES OF THE PLAN TO ARE TO INCREASE PROSPERITY, REDUCE POVERTY, AND IMPROVE OVERALL QUALITY OF LIFE FOR A STRONGER AND MORE VIBRANT REGION FOR DECADES TO COME.
EDUCATION AND ADVOCACY - ENCOMPASSES ACTIVITIES THAT ENCOURAGE THE BUSINESS COMMUNITY TO BECOME PARTNERS WITH SCHOOLS IN ORDER TO AID EDUCATION IN THE COLUMBUS AREA.THE PARTNERS IN EDUCATION PROGRAM SEEKS TO IMPROVE EDUCATION BY STIMULATING MEANINGFUL BUSINESS AND COMMUNITY INVOLVEMENT IN PUBLIC AND PRIVATE SCHOOLS. THE PROGRAM NOW EMCOMPASSES OVER 300 PARTNERS AND OVER 80 SCHOOLS ENGAGED ACROSS SEVEN SCHOOL DISTRICTS.THE WORKFORCE ADVISORY COUNCIL EXISTS TO DEVELOP AND SUSTAIN A HIGHLY QUALIFIED AND SKILLED WORKFORCE THROUGH EDUCATION, TRAINING AND DYNAMIC PARTNERSHIPS THAT WILL LEAD THE GREATER COLUMBUS REGION INTO A STRONGER ECONOMIC FUTURE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Merett Alexander Director | Trustee | 1 | $0 |
Lori Auten Director | Trustee | 1 | $0 |
Carolyn Bermudez Director | Trustee | 1 | $0 |
Kevin Blair Director | Trustee | 1 | $0 |
Kevin Boykin Director | Trustee | 1 | $0 |
Joseph Brannan Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $102,958 |
| All other contributions, gifts, grants, and similar amounts not included above | $7,000 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $109,958 |
| Total Program Service Revenue | $2,097,722 |
| Investment income | $16,660 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $2,485 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,305,631 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $403,606 |
| Compensation of current officers, directors, key employees. | $201,803 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $619,776 |
| Pension plan accruals and contributions | $15,299 |
| Other employee benefits | $34,911 |
| Payroll taxes | $79,519 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $39,040 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $123,680 |
| Advertising and promotion | $16,517 |
| Office expenses | $37,336 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $95,962 |
| Travel | $10,929 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $2,846 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $37,031 |
| Insurance | $100,636 |
| All other expenses | $113,115 |
| Total functional expenses | $2,394,883 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $150,936 |
| Savings and temporary cash investments | $551,082 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $196,655 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $7,565 |
| Net Land, buildings, and equipment | $162,875 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,578,987 |
| Total assets | $2,648,100 |
| Accounts payable and accrued expenses | $109,249 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $1,629,785 |
| Total liabilities | $1,739,034 |
| Net assets without donor restrictions | $909,066 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $2,648,100 |